Elon Musk Predicts AI Could Boost Global Economy by 20% to 30%
Tesla and SpaceX CEO Elon Musk stated at the G20 summit that AI-driven productivity and robotics could increase global economic output by $20 trillion to $30 trillion. Musk projected that there will be 1 billion humanoid robots within a decade, potentially expanding the global economy tenfold. He also forecasted that AI will handle nearly all digital tasks by the end of next year and excel in all engineering fields within 18 months. Meanwhile, SpaceX is aggressively investing in AI, with its AI division reporting $2.6 billion in revenue for the second quart
Not investment advice.